ELSS mutual funds are open-ended equity mutual funds. They invest the majority of their assets in equity-related instruments. ELSS funds help save tax and also provide an opportunity to grow the investment. These mutual funds are approved as tax saving funds to boost the habit of long term investment and savings.
|As per your Tax Slab Rate and planned Investment of Rs. /- in ELSS,You can claim Deduction of Rs. /- on your Taxable Income.|